202 E CUMBERLAND RD Pending Save Request In-Person Tour Request Virtual Tour
Enola,PA 17025
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $125
Subdivision None Available
MLS Listing ID PACB2041578
Style Traditional
Year Built 1920
Available Date 2025-05-03
Annual Tax Amount $2,020
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Back to the market due to buyers terminating right before closing (even though the home appraised at that sales price). The seller has a tenant currently who wants to rent the entire home for $2500/month.
Welcome to this newly renovated two-unit property, which includes a three-bedroom, one-bath unit on the second and third floors and a two-bedroom, one-bath unit on the first floor. This home could easily be used as a single-family residence and would work for multi-generational living, or it could be a high-income producing investment property. The cap rate on this one will be over 10% which is extremely hard to find in this competitive seller's market at an estimated $2800 per month rented as a multi-family unit or $2500 per month as a single-family home. The seller is willing to fill the rental with tenants if the buyer prefers, or the buyer could purchase one and live in the other and let the rent pay for the mortgage. This is one of the most affordable ways for a first-time homebuyer to purchase their first home, and the possibilities are endless on this one! Don't delay, make this home your own today!
Location
State PA
County Cumberland
Area East Pennsboro Twp (14409)
Zoning RESIDENTIAL/MULTI-FAMILY
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s)
Inclusions Two range/ovens, dishwasher, washer, dryer
Equipment Oven/Range - Gas,Dryer
Exterior
Exterior Feature Porch(es)
Utilities Available Cable TV Available
Water Access N
Roof Type Fiberglass,Asphalt
Building
Lot Description Cleared
Foundation Brick/Mortar,Stone,Block
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools East Pennsboro Area Shs
School District East Pennsboro Area
Others
Acceptable Financing Conventional,Cash,FHA,VA
Listing Terms Conventional,Cash,FHA,VA
Special Listing Condition Standard